Trustly secures over USD 40 million in signed equity commitments from Nordic Capital and Alfvén & Didrikson; raise to conclude in November 2026

Trustly secures over USD 40 million in signed equity commitments from Nordic Capital and Alfvén & Didrikson; raise to conclude in November 2026

2 October 2026 — Trustly Holding AB announced on 2 October 2026 that its parent company, Trustly AB, has received irrevocable, legally binding equity commitment letters of more than USD 40 million. They come from Nordic Capital, its principal shareholder, and Alfvén & Didrikson. The commitments will fund a capital raise in Trustly, which the company expects to conclude in November 2026.

Not yet independently verified. Single source: the company's own inside-information notice on the exchange. The final amount is not yet announced. The USD 40 million figure is the company's statement of commitments, not a closed round. We will update this when it can be confirmed, and remove this note.

The round

The notice was published as inside information under the EU Market Abuse Regulation at 13:13 Central European time on 2 October. It states that the raise will pay for the next stage of Trustly's growth strategy, which centres on building new products that use AI. The company describes the aim as turning payments data into intelligence that helps businesses win customers, keep them longer and manage risk.

Trustly says other existing shareholders will be offered the chance to take part, and that the final amount will be announced when the raise completes. The USD 40 million is therefore a floor stated by the company for the commitments, not the final size of the round.

What the company does

Trustly runs a pay-by-bank service built on open banking. In the same notice it says it connects more than 9,000 merchants to over 650 million consumers through 12,000 banks in more than 30 markets, and processed more than USD 100 billion in payments in 2025. It names PayPal, Virgin Media O2 and Booking.com among its partners. These figures are the company's own.

Why it matters for buyers

Merchants and payment teams that use or evaluate Trustly gain a signal about the company's funding and its product direction. Trustly says it operates under the supervision of the Swedish Financial Supervisory Authority, the UK's FCA, France's ACPR and US state regulators.

What to check

1. If Trustly is a payment method or a vendor in your stack, note the November 2026 date and ask your account manager what the capital raise means for roadmap, pricing and support commitments.
2. Do not read the announcement as a completed funding round: wait for the company's completion notice, which should state the final amount.
3. If you compare pay-by-bank providers, record the funding date and amount source in your vendor file, and cite Trustly's own notice, not secondary coverage.
4. Check your contract for change-of-control or financial-health clauses and note that the notice describes a capital raise from existing investors, not a sale.

Sources

• Trustly Holding AB (publ) via Nasdaq First North: Trustly AB receives signed equity commitment letters of more than USD 40m — 2 October 2026